Alternate Trade Approach to my recent Long Idea:
IF USD/JPY does not respect recent bounce off of smaller triangle pattern, (in black--might need to zoom out),
then it may correct even further and:
retest the support of the smaller black triangle
OR
find support at the lower level of the larger triangle (in orange--zoon out), which also coincides with structure support.
I am still BULLISH on USD/JPY after this correction, or if we have a firm break of the 113.3 Level
Here is an alternative LONG approach to USD/JPY
IF USD/JPY does not respect recent bounce off of smaller triangle pattern, (in black--might need to zoom out),
then it may correct even further and:
retest the support of the smaller black triangle
OR
find support at the lower level of the larger triangle (in orange--zoon out), which also coincides with structure support.
I am still BULLISH on USD/JPY after this correction, or if we have a firm break of the 113.3 Level
Here is an alternative LONG approach to USD/JPY
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.